Govt fairly meeting economic challenges.

Byline: Khalil Ahmed

Interview with Mian Nasser Hyatt Maggo, President Federation of Pakistan Chambers of Commerce and Industry (FPCCI)

Profile:

Hailing from a Chinoti business family, Mian Nasser Hyatt Maggo was raised in Karachi. After completing his formal education, he ventured into the intricate world of business and established Al Riaz Group, an indenting company in Pakistan. The company's phenomenal success can be attributed to Maggo's sheer hard work, passion and commitment. Today, Al Riaz Group is recognized as one of the most reliable company in Pakistan dealing in Petrochemicals, Textiles and Steel sectors. Mian Nasser Hyatt Maggo Possesses excellent management and leadership skills and is actively involved in business and community affairs, regularly contributing his time and effort for the benefit of business community of Pakistan. He served as President Karachi Chamber of Commerce and Industry KCCI (2002-03). He also served as an Acting Chairman of Pakistan-China Business Council and Senior Vice Chairman of Pakistan-Turkish Business Council of FPCCI. He is a life Member of SAARC Chamber of Commerce and Industry and has also served as Executive Committee member of FPCCI for several years. His commitment to national interests, economic and trade development, profession, and humanitarian pursuits, combined with impeccable knowledge of international trade, Industry, finance and economy has resulted in numerous accolades and achievements. Mian Nasser Hyatt Maggo's professional acumen and remarkable understanding of complex trade, finance, economic, social investment and industrial issues are his forte, which not only earned him wide acknowledgment, but also helped him earn his spurs as a thorough professional.

PAGE: What is your perspective about the home remittances during the current fiscal year?

Mian Nasser Hyatt Maggo: Indeed it is very encouraging that overseas Pakistanis are continuously supporting the country during this hard time when dollar is flying high. This is historic that during July-September Pakistani received home remittances of US $ 8.03 billion. On an average overseas Pakistanis are remitting over US $ 2 billion. Pakistan received US $ 2.025 billion from the Kingdom of Saudi Arabia. I am optimistic that the recent visit of Prime Minister Imran Khan to Saudi Arabia and meeting with high officials will definitely open new opportunities and it is expected that there would be more financing and other source of...